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Updated almost 14 years ago,
Partnership, LLC, Question - Please help
Hello. I'm planning on partnering up with someone who is financially well off. I've presented him deals that are "tied" up with my current company and we are planning on getting financing. The problem is, I've done deals with this Company, so how can we get these deals financed properly with my current company on all of the contracts? Is it possible to do a separate partnership with my company and him and get it financed for only these properties or would it be better to do some kind of quit claim or make a new llc with my partner and then adding the llc into the contract at closing? Hope that makes sense. Thank you all!